As of March 31st, 6894 credit institutions and banks filed reports insisting that they were already working with marijuana businesses. This is the same number of banks from the last quarter, although it hasn’t gotten to its peak in 2017, which was 747. So why the reduction i8n number?
Well, this slight reduction in 2020 was caused by FinCEN. FinCEN is an institution that is a part of the US Treasury Department and has stopped counting hemp-based enterprises in their three-monthly reports. This has been the situation since hemp was legalized under the Farm Bill of 2018. The bill contributed to the dip as opposed to other rising numbers from hemp-based bank accounts.
Curio Wellness is now available for the first time in stores across Missouri. Find the…
As summer sun shines down, so do the stars. July holds many promising opportunities for…
Florida's cannabis legalization amendment represents a pivotal moment in the state's political and social landscape.…
In their latest crusade, SAM is raising alarms over the DEA's potential rescheduling of cannabis…
America, you look so dabbable. The post US hash buyer’s guide to 710 Oil Day…
I’ve had an idea for a long time now to integrate a grow box that…